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Do the Chinese Have a Shopping List?

By Jim Cramer

About this article:
Is a sucker born every minute in this market, or are the Chinese at last ready to start putting their cash hoards to work? That's how I look at Geely Holding Group's move to buy Ford's "ailing" Volvo unit. I put in the word "ailing" because I couldn't resist the cliche. If China starts buying now, there could at last be a bid underneath for some properties that may not have much hope right now but which could be worth something down the road. For example, I think the world of the Volvo "brand," and it is worth something -- especially because it would double the size of Geely, which I know of less than I know Heelys . (Remember that hot offering at the top of the market?) Oh, and obviously Ford's not in a position to bargain all that hard. What's important here is that...

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